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do I have to put a down payment down or earnest money? My plan is to get the deal and assign the deal ASAP. An example I fax a realtor and get them to agree to a deal of 150k on a 200k sale. Do I send them an assignme...
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I am selling all my properties this summer and wondering if the new landlord is legally required to honor the terms of my lease or if the buyer can replace the lease with their own? I am thinking they can switch to th...
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I've been getting stood up left and right from prospective tenants even after confirming the appointment. Should I require a filled out application, credit report, references, or all 3 prior to showing the property to...
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Friends of mine need to get out of their lease in Chicago. This is a 1900 sq foot duplex down. It has 2 bedrooms on the main floor with closets and 2 bedrooms in the basement with no closets.The lease states this ab...
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Hey everyone!I've just finished rehab on one of my rental units in my first property.My first showing is this Friday evening, and I need some advice on screening potential tenants.I have gotten some pointers along the...
My tenant’s mother recently suffered a stroke. He has come to me to ask if he can put a ramp on the porch, and make other handicap accessible modifications to the house. He has agreed to pay for all of the modificatio...
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I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
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I'm trying to get some answers regarding what kind of bank account I can use for my rental property. I have an LLC so I'm wondering if I can use my personal checking for my business or if I'm required to have a busine...
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So how exactly do you vet Private Money Lenders when “Private” is their First name?? Let’s be clear, I’m not talking about Hard Money Lenders who are somewhat regulated by your state or local real estate boards. Inste...
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I am scrambling to come up with ideas to get capital to buy real estate to buy and hold and to use to create cash flow. There are so many who have talked about buying real estate with no money. I do not have money of ...